Our Offerings
By Industry By Function
About Us
Our Viewpoint
NEW
 Senior Management Experts Panel Global Consultants Press Releases Blog
Infographics Market Insights Case Studies Illustrations In The Press
Contact Us
The Business Research Company Logo
Reports Store
Top 50 Healthcare Market Reports
NEW
 Top 50 Non-Healthcare Market Reports
NEW
 Opportunities And Strategies Reports Aerospace And Defense Agriculture Chemicals Construction
Electrical And Electronics Financial Services Food And Beverages Healthcare Services Hospitality Information Technology Machinery Media
Medical Equipment Metal And Mineral Mining Oil And Gas Paper, Plastics, Rubber, Wood And Textile Pharmaceuticals Professional Services Recreation
Retail And Wholesale Services Social Services Transport Transport Services Utilities Veterinary Healthcare Filter Reports by Trends
NEW
Market Intelligence Platform
About GMM Global Forecast
NEW
 Mega Trends Analysis
Consultancies Corporate Planning & Strategy Academic Financial Services Legal Services
Pricing Methodology Sources FAQ Press Coverage
Customized Research
Find Customers Optimise Your Marketing Mix Evaluate Competitors Identify Market Opportunities Develop Products And Services
Distributor And Partner Research Plan Finances Streamline Your Operations Devise Market Entry Strategy Explore Custom Research Packages
NEW
Continuous Research
Desk Research Research Reports Senior Executive Interviews Consumer Research Market Sizing And Forecasts
Company Information Analytics And Data Visualization Research Automation Web Crawling And Spidering AI-Empowered Research Services
Request Proposal
Discount Brokerage Global Market Report 2025
Download Free Sample Buy Now
Global Discount Brokerage Market Report 2025

Report Price : $4490.00

Pages : 175

Format : PDF

Published : December 2025

Delivery Time : 2-3 Business Days

Purchase This Report Download Sample PDF
Purchase This Report

Discount Brokerage Global Market Report 2025

By Mode (Online Discount Brokerage Service, Offline Discount Brokerage Service), By Service (Order Execution And Advisory, Discretionary, Online Trading Platforms, Education And Investor Resources), By Commission (Commission-Free Brokers, Fixed Commission Brokers), By Application (Individual, Enterprise, Government Agencies) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Discount Brokerage Market Overview

• Discount Brokerage market size has reached to $25.63 billion in 2024

• Expected to grow to $38.52 billion in 2029 at a compound annual growth rate (CAGR) of 8.5%

• Growth Driver: Increasing Retail Investor Participation Fueling Discount Brokerage Market Expansion

• Market Trend: Advancements in Trading Platforms Drive Growth in the Discount Brokerage Market

• South America was the largest region in 2024 and Asia-Pacific is the fastest growing region.

What Is Covered Under Discount Brokerage Market?

Discount brokerage refers to a type of brokerage service that allows investors to buy and sell securities, such as stocks and bonds, at reduced commission rates compared to full-service brokers. These services offer fewer advisory and personalized services, focusing instead on executing trades for clients at lower costs. Discount brokers provide online trading platforms, allowing investors to manage their portfolios and make investment decisions independently, making them an attractive option for cost-conscious and self-directed investors.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The main modes in the discount brokerage market are online and offline discount brokerage services. An online discount brokerage service is a financial service that allows investors to buy and sell securities, such as stocks, bonds, and ETFs, via an online platform at lower commission rates compared to traditional full-service brokers. These services include order execution, advisory, discretionary management, online trading platforms, and educational resources for investors. They offer various commission structures, such as commission-free and fixed commission brokers. The applications encompass individual investors, enterprises, and government agencies.

Discount Brokerage Market Size and growth rate 2025 to 2029: Graph

What Is The Discount Brokerage Market Size 2025 And Growth Rate?

The discount brokerage market size has grown strongly in recent years. It will grow from $25.63 billion in 2024 to $27.77 billion in 2025 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to zero-commission trades, expansion of fractional shares, increasingly offer cryptocurrency trading options, expand their educational offerings, and increasing disposable income.

What Is The Discount Brokerage Market Growth Forecast?

The discount brokerage market size is expected to see strong growth in the next few years. It will grow to $38.52 billion in 2029 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to use of gamification techniques, focus on retirement planning and savings, focus on sustainable and impact investing, expansion of high-speed internet access, and lower operational costs. Major trends in the forecast period include blockchain technology, artificial intelligence, personalization of services, integration of fintech solutions, and advanced analytics tools.

The forecast of 8.5% growth over the next five years reflects a slight reduction of 0.2% from the previous projection. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through degraded trading platform performance, as low-latency execution systems and market data analytics tools, largely developed in Switzerland and France, face higher technology import costs that may be passed to consumers. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

Customer representative image Book your 30 minutes free consultation with our research experts
Contact Us

What’s The Trade War Impact On Financial Services Industry?

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the financial sector, particularly in investment strategies and risk management. Heightened tariffs have fueled market volatility, prompting cautious behavior among institutional investors and increasing demand for hedging instruments. Banks and asset managers are facing higher costs associated with cross-border transactions, as tariffs disrupt global supply chains and dampen corporate earnings, key drivers of equity market performance. Insurance companies, meanwhile, are grappling with increased claims risks tied to supply chain disruptions and trade-related business losses. Additionally, reduced consumer spending and weakened export demand are constraining credit growth and investment appetite. The sector must now prioritize diversification, digital transformation, and robust scenario planning to navigate the heightened economic uncertainty and protect profitability.

How Is The Discount Brokerage Market Segmented?

1) By Mode: Online Discount Brokerage Service, Offline Discount Brokerage Service

2) By Service: Order Execution And Advisory, Discretionary, Online Trading Platforms, Education And Investor Resources

3) By Commission: Commission-Free Brokers, Fixed Commission Brokers

4) By Application: Individual, Enterprise, Government Agencies

Subsegments:

1) By Online Discount Brokerage Service: Web-Based Platforms, Mobile Trading Apps, Robo-Advisory Services, Cryptocurrency Trading Platforms, Direct Market Access (DMA) Platforms

2) By Offline Discount Brokerage Service: Telephone-Based Brokerage, Branch-Based Brokerage Services, In-Person Advisory Services

3) By Hybrid Brokerage (Combination Of Offline And Online)

What Is Driving The Discount Brokerage Market? Increasing Retail Investor Participation Fueling Discount Brokerage Market Expansion

The growing number of retail investors is expected to propel the growth of the discount brokerage going forward. Retail investors are individual, non-professional investors who buy and sell securities, such as stocks, bonds, mutual funds, and other financial instruments, for their personal accounts rather than for an organization or institution. Retail investors are in light with the rise of technology-based platforms and services that have made investing more accessible and appealing to a wider audience. Discount brokerage services reduce trading costs for retail investors by offering low fees, enabling more people to participate in the stock market and manage investments independently. For instance, according to the BNY, a US-based financial services company, an online survey conducted in February 2022 sampled 2,000 U.S. retail investors nationwide, all of whom had at least $10,000 in investible assets. Therefore, the growing number of retail investors is driving the growth of the discount brokerage industry.

Who Are The Major Players In The Global Discount Brokerage Market?

Major companies operating in the discount brokerage market are Fidelity Investments Inc., Charles Schwab Corporation, Ally Financial Inc., TD Ameritrade Holding Corporation, Interactive Brokers Group Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, SoFi Technologies Inc., Robinhood Markets Inc., IG Group Holdings plc, Citadel Securities LLC, NerdWallet Inc., Acorns Grow Inc., TradeStation Group Inc., Apex Fintech Solutions LLC, Stash Financial Inc., Saxo Bank A/S, Public Holdings Inc., Wealthfront Inc., Alice Blue Financial Services Private Limited, Folio Investments Inc., OANDA Corporation, eOption, Tastytrade Inc., Zacks Investment Research Inc.

What Are The Key Trends Of The Global Discount Brokerage Market? Advancements in Trading Platforms Drive Growth in the Discount Brokerage Market

Major companies operating in the discount brokerage market are focusing on developing advanced web-based trading platforms to enhance trading efficiency. A web-based trading platform is an online software application that allows users to buy and sell financial instruments, such as stocks, bonds, options, futures, and cryptocurrencies, over the internet. For instance, in September 2023, HDFC Securities, an India-based financial services company, launched HDFC SKY. HDFC SKY is a discount broking all-in-one mobile app with a flat pricing model for intraday and delivery trades. It offers access to various investment options and includes advanced technology for a seamless trading experience.

Need data on a specific region in this market?
Request Regional Data

What Are Latest Mergers And Acquisitions In The Discount Brokerage Market? Mirae Asset Securities Co. Acquires Sharekhan to Expand in India's Retail Brokerage Market

In December 2023, Mirae Asset Securities Co., a South Korea-based capital market company, acquired Sharekhan for $360 million. Mirae Asset Financial Group's acquisition of Sharekhan Ltd. aims to strengthen its presence in India's rapidly growing retail brokerage market and to lead the Indian securities industry as part of its global expansion strategy. Sharekhan is an India-based financial services company specializing in online stock trading and discount brokerage services.

What Is The Regional Outlook For The Global Discount Brokerage Market?

South America was the largest region in the discount brokerage market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Discount Brokerage Market?

The discount brokerage market includes revenues earned by entities by providing services such as executing buy and sell orders, offering digital trading platforms, supplying educational resources and investment tools, and delivering basic account management services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Discount Brokerage Industry?

The discount brokerage market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the discount brokerage industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Discount Brokerage Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $27.77 billion
Revenue Forecast In 2034 $38.52 billion
Growth Rate CAGR of 8.5% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Mode: Online Discount Brokerage Service, Offline Discount Brokerage Service
2) By Service: Order Execution And Advisory, Discretionary, Online Trading Platforms, Education And Investor Resources
3) By Commission: Commission-Free Brokers, Fixed Commission Brokers
4) By Application: Individual, Enterprise, Government Agencies Subsegments: 1) By Online Discount Brokerage Service: Web-Based Platforms, Mobile Trading Apps, Robo-Advisory Services, Cryptocurrency Trading Platforms, Direct Market Access (DMA) Platforms
2) By Offline Discount Brokerage Service: Telephone-Based Brokerage, Branch-Based Brokerage Services, In-Person Advisory Services
3) By Hybrid Brokerage (Combination Of Offline And Online)
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Fidelity Investments Inc., Charles Schwab Corporation, Ally Financial Inc., TD Ameritrade Holding Corporation, Interactive Brokers Group Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, SoFi Technologies Inc., Robinhood Markets Inc., IG Group Holdings plc, Citadel Securities LLC, NerdWallet Inc., Acorns Grow Inc., TradeStation Group Inc., Apex Fintech Solutions LLC, Stash Financial Inc., Saxo Bank A/S, Public Holdings Inc., Wealthfront Inc., Alice Blue Financial Services Private Limited, Folio Investments Inc., OANDA Corporation, eOption, Tastytrade Inc., Zacks Investment Research Inc.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

2. Discount Brokerage Market Characteristics

3. Discount Brokerage Market Trends And Strategies

4. Discount Brokerage Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Discount Brokerage Growth Analysis And Strategic Analysis Framework

5.1. Global Discount Brokerage PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Discount Brokerage Market Growth Rate Analysis

5.4. Global Discount Brokerage Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Discount Brokerage Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Discount Brokerage Total Addressable Market (TAM)

6. Discount Brokerage Market Segmentation

6.1. Global Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Online Discount Brokerage Service

Offline Discount Brokerage Service

6.2. Global Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Order Execution And Advisory

Discretionary

Online Trading Platforms

Education And Investor Resources

6.3. Global Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Commission-Free Brokers

Fixed Commission Brokers

6.4. Global Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Individual

Enterprise

Government Agencies

6.5. Global Discount Brokerage Market, Sub-Segmentation Of Online Discount Brokerage Service, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Web-Based Platforms

Mobile Trading Apps

Robo-Advisory Services

Cryptocurrency Trading Platforms

Direct Market Access (DMA) Platforms

6.6. Global Discount Brokerage Market, Sub-Segmentation Of Offline Discount Brokerage Service, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Telephone-Based Brokerage

Branch-Based Brokerage Services

In-Person Advisory Services

7. Discount Brokerage Market Regional And Country Analysis

7.1. Global Discount Brokerage Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Discount Brokerage Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Discount Brokerage Market

8.1. Asia-Pacific Discount Brokerage Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Discount Brokerage Market

9.1. China Discount Brokerage Market Overview

9.2. China Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Discount Brokerage Market

10.1. India Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Discount Brokerage Market

11.1. Japan Discount Brokerage Market Overview

11.2. Japan Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Discount Brokerage Market

12.1. Australia Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Discount Brokerage Market

13.1. Indonesia Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Discount Brokerage Market

14.1. South Korea Discount Brokerage Market Overview

14.2. South Korea Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Discount Brokerage Market

15.1. Western Europe Discount Brokerage Market Overview

15.2. Western Europe Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Discount Brokerage Market

16.1. UK Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Discount Brokerage Market

17.1. Germany Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Discount Brokerage Market

18.1. France Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Discount Brokerage Market

19.1. Italy Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Discount Brokerage Market

20.1. Spain Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Discount Brokerage Market

21.1. Eastern Europe Discount Brokerage Market Overview

21.2. Eastern Europe Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Discount Brokerage Market

22.1. Russia Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Discount Brokerage Market

23.1. North America Discount Brokerage Market Overview

23.2. North America Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Discount Brokerage Market

24.1. USA Discount Brokerage Market Overview

24.2. USA Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Discount Brokerage Market

25.1. Canada Discount Brokerage Market Overview

25.2. Canada Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Discount Brokerage Market

26.1. South America Discount Brokerage Market Overview

26.2. South America Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Discount Brokerage Market

27.1. Brazil Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Discount Brokerage Market

28.1. Middle East Discount Brokerage Market Overview

28.2. Middle East Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Discount Brokerage Market

29.1. Africa Discount Brokerage Market Overview

29.2. Africa Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Discount Brokerage Market Competitive Landscape And Company Profiles

30.1. Discount Brokerage Market Competitive Landscape

30.2. Discount Brokerage Market Company Profiles

30.2.1. Fidelity Investments Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Charles Schwab Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Ally Financial Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.4. TD Ameritrade Holding Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Interactive Brokers Group Inc. Overview, Products and Services, Strategy and Financial Analysis

31. Discount Brokerage Market Other Major And Innovative Companies

31.1. Merrill Lynch, Pierce, Fenner & Smith Incorporated

31.2. SoFi Technologies Inc.

31.3. Robinhood Markets Inc.

31.4. IG Group Holdings plc

31.5. Citadel Securities LLC

31.6. NerdWallet Inc.

31.7. Acorns Grow Inc.

31.8. TradeStation Group Inc.

31.9. Apex Fintech Solutions LLC

31.10. Stash Financial Inc.

31.11. Saxo Bank A/S

31.12. Public Holdings Inc.

31.13. Wealthfront Inc.

31.14. Alice Blue Financial Services Private Limited

31.15. Folio Investments Inc.

32. Global Discount Brokerage Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Discount Brokerage Market

34. Recent Developments In The Discount Brokerage Market

35. Discount Brokerage Market High Potential Countries, Segments and Strategies

35.1 Discount Brokerage Market In 2029 - Countries Offering Most New Opportunities

35.2 Discount Brokerage Market In 2029 - Segments Offering Most New Opportunities

35.3 Discount Brokerage Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Discount Brokerage Market, Sub-Segmentation Of Online Discount Brokerage Service, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Discount Brokerage Market, Sub-Segmentation Of Offline Discount Brokerage Service, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Discount Brokerage Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Discount Brokerage Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Asia-Pacific, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: China, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: India, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: Japan, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Australia, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Indonesia, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: South Korea, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Western Europe, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: UK, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Germany, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: France, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Italy, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Spain, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Eastern Europe, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Russia, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: North America, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: USA, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: Canada, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: South America, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: Brazil, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Middle East, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Africa, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Fidelity Investments Inc. Financial Performance
  • Table 78: Charles Schwab Corporation Financial Performance
  • Table 79: Ally Financial Inc. Financial Performance
  • Table 80: TD Ameritrade Holding Corporation Financial Performance
  • Table 81: Interactive Brokers Group Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Discount Brokerage Market, Sub-Segmentation Of Online Discount Brokerage Service, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Discount Brokerage Market, Sub-Segmentation Of Offline Discount Brokerage Service, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Discount Brokerage Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Discount Brokerage Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Asia-Pacific, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: China, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: India, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: Japan, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Australia, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Indonesia, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: South Korea, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Western Europe, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: UK, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Germany, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: France, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Italy, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Spain, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Eastern Europe, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Russia, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: North America, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: USA, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: Canada, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: South America, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: Brazil, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Middle East, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Africa, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Fidelity Investments Inc. Financial Performance
  • Figure 78: Charles Schwab Corporation Financial Performance
  • Figure 79: Ally Financial Inc. Financial Performance
  • Figure 80: TD Ameritrade Holding Corporation Financial Performance
  • Figure 81: Interactive Brokers Group Inc. Financial Performance

Get insights on the global Ethereum Market including latest trends, forecasts, and key statistics from The Business Research Company.

Read More About Get insights on the global Ethereum Market including latest trends, forecasts, and key statistics from The Business Research Company.

Get insights on the global Embedded Finance Market including latest trends, forecasts, and key statistics from The Business Research Company.

Read More About Get insights on the global Embedded Finance Market including latest trends, forecasts, and key statistics from The Business Research Company.

Discover key trends and market dynamics in the Artificial Intelligence (AI) for Insurance Market with 2025 insights from The Business Research Company.

Read More About Discover key trends and market dynamics in the Artificial Intelligence (AI) for Insurance Market with 2025 insights from The Business Research Company.

Discover insights into the global accounts payable automation market, projected to reach $5.44 billion by 2025. Explore trends, growth drivers, and strategic insights.

Read More About Discover insights into the global accounts payable automation market, projected to reach $5.44 billion by 2025. Explore trends, growth drivers, and strategic insights.

Key Insights into the Payday Loans Market: Trends, Growth Rate, and Opportunities Through 2034

Read More About Key Insights into the Payday Loans Market: Trends, Growth Rate, and Opportunities Through 2034

Unlocking Opportunities in the Payment Card Skimming Market: Key Trends, Market Growth, and Forecast Insights

Read More About Unlocking Opportunities in the Payment Card Skimming Market: Key Trends, Market Growth, and Forecast Insights

Payment Wallet Market Forecast 2025-2034: Growth Dynamics, Emerging Trends, and Strategic Opportunities

Read More About Payment Wallet Market Forecast 2025-2034: Growth Dynamics, Emerging Trends, and Strategic Opportunities

Unlocking Opportunities in the Pension Funds Market: Key Trends, Market Growth, and Forecast Insights

Read More About Unlocking Opportunities in the Pension Funds Market: Key Trends, Market Growth, and Forecast Insights

Discount Brokerage Global Market Report 2025 – By Mode (Online Discount Brokerage Service, Offline Discount Brokerage Service), By Service (Order Execution And Advisory, Discretionary, Online Trading Platforms, Education...

View Report

Bromine Derivatives Global Market Report 2025 – By Derivative (Sodium Bromide, Calcium Bromide, Zinc Bromide, TBBPA, DPDPE, Other Derivatives), By Application (Flame Retardants, Safety Apparel, Organic Intermediates, Oil...

View Report

Forex Brokers Global Market Report 2025 – By Type (Currency Swap, Outright Forward and Foreign Exchange (FX) Swaps, Foreign Exchange (FX) Options), By Counterparty (Reporting Dealers, Financial Institutions, Non-Financia...

View Report

Derivatives & Commodities Brokerage Global Market Report 2025 – By Type (Commodity Brokerage, Derivative Brokerage), By Brokers (Futures Commission Merchants, Introducing Brokers, National Futures Association, Commodity ...

View Report

Electronic (E) Brokerages Global Market Report 2025 – By Service Provider (Full Time Broker, Discounted Broker), By Ownership (Privately Held, Publicly Held), By End User (Retail Investor, Institutional Investor) – Impac...

View Report

Derivatives & Commodities Brokerage Global Market Report 2025 – By Type (Commodity Brokerage, Derivative Brokerage), By Brokers (Futures Commission Merchants, Introducing Brokers, National Futures Association, Commodity ...

View Report

Securities Brokerage And Stock Exchange Services Global Market Report 2025 – By Type (Derivatives And Commodities Brokerage, Stock Exchanges, Bonds Brokerage, Equities Brokerage, Other Stock Brokerage), By Type of Establ...

View Report

Insurance Brokers Global Market Report 2025 – By Type (Life Insurance, General Insurance, Health Insurance, Other Types), By Mode (Offline, Online), By End User (Corporate, Individuals) – Impact of Tariff and Trade War o...

View Report

Frequently Asked Questions

Discount brokerage refers to a type of brokerage service that allows investors to buy and sell securities, such as stocks and bonds, at reduced commission rates compared to full-service brokers. These services offer fewer advisory and personalized services, focusing instead on executing trades for clients at lower costs. Discount brokers provide online trading platforms, allowing investors to manage their portfolios and make investment decisions independently, making them an attractive option for cost-conscious and self-directed investors. For further insights on this market, request a sample here

The market major growth driver - Increasing Retail Investor Participation Fueling Discount Brokerage Market Expansion. For further insights on this market, request a sample here

The discount brokerage market size has grown strongly in recent years. It will grow from $25.63 billion in 2024 to $27.77 billion in 2025 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to zero-commission trades, expansion of fractional shares, increasingly offer cryptocurrency trading options, expand their educational offerings, and increasing disposable income. The discount brokerage market size is expected to see strong growth in the next few years. It will grow to $38.52 billion in 2029 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to use of gamification techniques, focus on retirement planning and savings, focus on sustainable and impact investing, expansion of high-speed internet access, and lower operational costs. Major trends in the forecast period include blockchain technology, artificial intelligence, personalization of services, integration of fintech solutions, and advanced analytics tools. For further insights on this market, request a sample here

The discount brokeragemarket covered in this report is segmented –
1) By Mode: Online Discount Brokerage Service, Offline Discount Brokerage Service
2) By Service: Order Execution And Advisory, Discretionary, Online Trading Platforms, Education And Investor Resources
3) By Commission: Commission-Free Brokers, Fixed Commission Brokers
4) By Application: Individual, Enterprise, Government Agencies Subsegments:
1) By Online Discount Brokerage Service: Web-Based Platforms, Mobile Trading Apps, Robo-Advisory Services, Cryptocurrency Trading Platforms, Direct Market Access (DMA) Platforms
2) By Offline Discount Brokerage Service: Telephone-Based Brokerage, Branch-Based Brokerage Services, In-Person Advisory Services
3) By Hybrid Brokerage (Combination Of Offline And Online) For further insights on this market, request a sample here

South America was the largest region in the discount brokerage market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the discount brokerage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Major companies operating in the discount brokerage market are Fidelity Investments Inc., Charles Schwab Corporation, Ally Financial Inc., TD Ameritrade Holding Corporation, Interactive Brokers Group Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, SoFi Technologies Inc., Robinhood Markets Inc., IG Group Holdings plc, Citadel Securities LLC, NerdWallet Inc., Acorns Grow Inc., TradeStation Group Inc., Apex Fintech Solutions LLC, Stash Financial Inc., Saxo Bank A/S, Public Holdings Inc., Wealthfront Inc., Alice Blue Financial Services Private Limited, Folio Investments Inc., OANDA Corporation, eOption, Tastytrade Inc., Zacks Investment Research Inc. . For further insights on this market, request a sample here.

Major trends in this market include Advancements in Trading Platforms Drive Growth in the Discount Brokerage Market. For further insights on this market, request a sample here.

Customer representative image Book your 30 minutes free consultation with our research experts
Contact Us
Global Discount Brokerage Market Report 2025

Wait, we have a special offer for you! ✋

Get your exclusive 20% discount only on the Global Market Reports now using the code ONLINE20*

YES, get the discount! No, I'd pay the full price

*Copy paste the discount code in the cart

Back to top WhatsApp icon